$59.1 Billion is the total value of Edgewood Management's 82 reported holdings in Q2 2021. The portfolio turnover from Q1 2021 to Q2 2021 was 6.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SNAP | Buy | SNAP INCcl a | $3,763,673,000 | +42.7% | 55,234,421 | +9.5% | 6.37% | +21.9% |
| V | Sell | VISA INC | $3,695,147,000 | +9.7% | 15,803,383 | -0.6% | 6.25% | -6.2% |
| NVDA | Buy | NVIDIA CORPORATION | $3,598,266,000 | +26.9% | 17,989,080 | +238.8% | 6.09% | +8.4% |
| PYPL | Sell | PAYPAL HLDGS INC | $3,495,431,000 | +19.3% | 11,992,010 | -0.6% | 5.91% | +1.9% |
| INTU | Sell | INTUIT | $3,000,174,000 | +27.1% | 6,120,681 | -0.7% | 5.08% | +8.6% |
| FB | Sell | FACEBOOK INCcl a | $2,940,126,000 | +6.9% | 8,455,684 | -9.4% | 4.97% | -8.6% |
| ILMN | Sell | ILLUMINA INC | $2,934,099,000 | +22.2% | 6,200,417 | -0.8% | 4.96% | +4.4% |
| ADBE | Sell | ADOBE SYSTEMS INCORPORATED | $2,860,978,000 | +21.8% | 4,885,216 | -1.2% | 4.84% | +4.0% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $2,733,065,000 | +12.2% | 4,473,101 | -0.6% | 4.62% | -4.1% |
| ISRG | Sell | INTUITIVE SURGICAL INC | $2,612,786,000 | +12.8% | 2,841,097 | -9.3% | 4.42% | -3.6% |
| MSFT | Sell | MICROSOFT CORP | $2,530,725,000 | +14.2% | 9,341,916 | -0.6% | 4.28% | -2.4% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $2,528,552,000 | +12.2% | 9,360,155 | -0.7% | 4.28% | -4.1% |
| NFLX | Buy | NETFLIX INC | $2,317,837,000 | +16.1% | 4,388,098 | +14.6% | 3.92% | -0.8% |
| SPGI | Sell | S&P GLOBAL INC | $2,281,260,000 | +15.6% | 5,557,949 | -0.6% | 3.86% | -1.2% |
| NKE | Sell | NIKE INCcl b | $2,273,773,000 | +15.6% | 14,717,927 | -0.6% | 3.85% | -1.3% |
| DHR | Sell | DANAHER CORPORATION | $2,209,169,000 | +18.5% | 8,232,108 | -0.6% | 3.74% | +1.3% |
| MTCH | Buy | MATCH GROUP INC NEW | $2,192,541,000 | +85.4% | 13,597,154 | +57.9% | 3.71% | +58.4% |
| AMZN | Sell | AMAZON COM INC | $2,177,181,000 | +10.5% | 632,872 | -0.6% | 3.68% | -5.6% |
| EL | Sell | LAUDER ESTEE COS INCcl a | $2,165,843,000 | +8.5% | 6,809,115 | -0.8% | 3.66% | -7.3% |
| CME | Sell | CME GROUP INC | $2,045,641,000 | +3.5% | 9,618,400 | -0.6% | 3.46% | -11.6% |
| EQIX | Sell | EQUINIX INC | $2,038,303,000 | +2.0% | 2,539,624 | -13.6% | 3.45% | -12.8% |
| CMG | Sell | CHIPOTLE MEXICAN GRILL INC | $1,980,288,000 | +8.6% | 1,277,325 | -0.5% | 3.35% | -7.2% |
| INFO | Sell | IHS MARKIT LTD | $441,972,000 | -29.0% | 3,923,061 | -39.0% | 0.75% | -39.3% |
| CL | Sell | COLGATE PALMOLIVE CO | $62,144,000 | +3.0% | 763,907 | -0.2% | 0.10% | -11.8% |
| MMM | Sell | 3M CO | $58,981,000 | +0.1% | 296,941 | -2.9% | 0.10% | -14.5% |
| AAPL | Sell | APPLE INC | $50,760,000 | +3.1% | 370,617 | -8.0% | 0.09% | -11.3% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $14,818,000 | +28.2% | 34,616 | +18.6% | 0.02% | +8.7% |
| ABBV | ABBVIE INC | $9,065,000 | +4.1% | 80,480 | 0.0% | 0.02% | -11.8% | |
| ABT | ABBOTT LABS | $8,546,000 | -3.3% | 73,714 | 0.0% | 0.01% | -17.6% | |
| VRTX | VERTEX PHARMACEUTICALS INC | $7,881,000 | -6.2% | 39,088 | 0.0% | 0.01% | -23.5% | |
| GILD | GILEAD SCIENCES INC | $6,268,000 | +6.5% | 91,022 | 0.0% | 0.01% | -8.3% | |
| DVY | Sell | ISHARES TRselect divid etf | $6,447,000 | -3.1% | 55,281 | -5.1% | 0.01% | -15.4% |
| BMY | BRISTOL-MYERS SQUIBB CO | $5,118,000 | +5.8% | 76,599 | 0.0% | 0.01% | -10.0% | |
| PLD | Sell | PROLOGIS INC. | $5,531,000 | +6.1% | 46,275 | -5.9% | 0.01% | -10.0% |
| XLU | SELECT SECTOR SPDR TRsbi int-utils | $5,325,000 | -1.3% | 84,211 | 0.0% | 0.01% | -18.2% | |
| PEP | PEPSICO INC | $4,169,000 | +4.7% | 28,134 | 0.0% | 0.01% | -12.5% | |
| DLR | DIGITAL RLTY TR INC | $4,228,000 | +6.8% | 28,101 | 0.0% | 0.01% | -12.5% | |
| PFE | Sell | PFIZER INC | $3,325,000 | +5.8% | 84,911 | -2.1% | 0.01% | 0.0% |
| SYY | SYSCO CORP | $3,116,000 | -1.2% | 40,074 | 0.0% | 0.01% | -16.7% | |
| JNJ | JOHNSON & JOHNSON | $3,221,000 | +0.2% | 19,552 | 0.0% | 0.01% | -16.7% | |
| JPM | Sell | JPMORGAN CHASE & CO | $2,747,000 | +1.3% | 17,664 | -0.8% | 0.01% | 0.0% |
| ARWR | Sell | ARROWHEAD PHARMACEUTICALS IN | $1,574,000 | -5.1% | 19,000 | -24.0% | 0.00% | 0.0% |
| BK | BANK NEW YORK MELLON CORP | $1,522,000 | +8.3% | 29,704 | 0.0% | 0.00% | 0.0% | |
| CSCO | CISCO SYS INC | $1,510,000 | +2.5% | 28,493 | 0.0% | 0.00% | 0.0% | |
| KO | COCA COLA CO | $1,498,000 | +2.7% | 27,680 | 0.0% | 0.00% | 0.0% | |
| NEE | NEXTERA ENERGY INC | $1,641,000 | -3.1% | 22,400 | 0.0% | 0.00% | 0.0% | |
| RPRX | Sell | ROYALTY PHARMA PLC | $1,763,000 | -58.1% | 43,000 | -55.4% | 0.00% | -62.5% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $1,260,000 | +8.7% | 4,532 | -0.1% | 0.00% | 0.0% |
| URI | UNITED RENTALS INC | $1,276,000 | -3.1% | 4,000 | 0.0% | 0.00% | -33.3% | |
| DRNA | DICERNA PHARMACEUTICALS INC | $933,000 | +46.0% | 25,000 | 0.0% | 0.00% | +100.0% | |
| PRTA | PROTHENA CORP PLC | $1,285,000 | +104.6% | 25,000 | 0.0% | 0.00% | +100.0% | |
| BMRN | BIOMARIN PHARMACEUTICAL INC | $1,252,000 | +10.5% | 15,000 | 0.0% | 0.00% | 0.0% | |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $1,256,000 | +8.6% | 3 | 0.0% | 0.00% | 0.0% | |
| MCRB | Buy | SERES THERAPEUTICS INC | $954,000 | +85.2% | 40,000 | +60.0% | 0.00% | +100.0% |
| PG | PROCTER AND GAMBLE CO | $297,000 | -0.3% | 2,200 | 0.0% | 0.00% | 0.0% | |
| BX | BLACKSTONE GROUP INC | $874,000 | +30.3% | 9,000 | 0.0% | 0.00% | 0.0% | |
| BNY | BLACKROCK N Y MUN INCOME TRUsh ben int | $528,000 | -2.4% | 35,000 | 0.0% | 0.00% | 0.0% | |
| SCHW | SCHWAB CHARLES CORP | $502,000 | +11.6% | 6,900 | 0.0% | 0.00% | 0.0% | |
| SEER | Buy | SEER INC | $820,000 | +9.3% | 25,000 | +66.7% | 0.00% | 0.0% |
| LAC | LITHIUM AMERS CORP NEW | $742,000 | -7.7% | 50,000 | 0.0% | 0.00% | -50.0% | |
| MRK | MERCK & CO INC | $608,000 | +0.8% | 7,818 | 0.0% | 0.00% | 0.0% | |
| XOM | Sell | EXXON MOBIL CORP | $760,000 | +4.7% | 12,053 | -7.2% | 0.00% | 0.0% |
| ECL | Sell | ECOLAB INC | $855,000 | -29.9% | 4,149 | -27.2% | 0.00% | -50.0% |
| ETG | EATON VANCE TX ADV GLBL DIV | $357,000 | +9.8% | 17,000 | 0.0% | 0.00% | 0.0% | |
| DUK | DUKE ENERGY CORP NEW | $556,000 | +2.2% | 5,634 | 0.0% | 0.00% | 0.0% | |
| DIS | DISNEY WALT CO | $457,000 | -4.8% | 2,600 | 0.0% | 0.00% | 0.0% | |
| SPLK | SPLUNK INC | $723,000 | +6.8% | 5,000 | 0.0% | 0.00% | 0.0% | |
| SYK | STRYKER CORPORATION | $416,000 | +6.7% | 1,600 | 0.0% | 0.00% | 0.0% | |
| TSLA | TESLA INC | $500,000 | +1.8% | 735 | 0.0% | 0.00% | 0.0% | |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $444,000 | -23.1% | 7,916 | -20.2% | 0.00% | 0.0% |
| T | AT&T INC | $791,000 | -4.9% | 27,500 | 0.0% | 0.00% | -50.0% | |
| VOD | VODAFONE GROUP PLC NEWsponsored adr | $851,000 | -7.1% | 49,697 | 0.0% | 0.00% | -50.0% | |
| ZTS | ZOETIS INCcl a | $667,000 | +18.3% | 3,580 | 0.0% | 0.00% | 0.0% | |
| NLY | ANNALY CAPITAL MANAGEMENT IN | $417,000 | +3.2% | 47,000 | 0.0% | 0.00% | 0.0% | |
| FCX | FREEPORT-MCMORAN INCcl b | $531,000 | +12.5% | 14,319 | 0.0% | 0.00% | 0.0% | |
| ARMP | ARMATA PHARMACEUTICALS INC | $198,000 | -17.2% | 50,000 | 0.0% | 0.00% | – | |
| QCOM | QUALCOMM INC | $245,000 | +7.9% | 1,711 | 0.0% | 0.00% | – | |
| SRNGW | New | SOARING EAGLE ACQUISITION CO*w exp 02/23/202 | $33,000 | – | 10,000 | +100.0% | 0.00% | – |
| VTRS | Exit | VIATRIS INC | $0 | – | -10,757 | -100.0% | 0.00% | – |
| CGNX | Sell | COGNEX CORP | $259,000 | -63.4% | 3,080 | -63.8% | 0.00% | -100.0% |
| HD | HOME DEPOT INC | $248,000 | +4.6% | 777 | 0.0% | 0.00% | – | |
| AXLA | New | AXCELLA HEALTH INC | $100,000 | – | 25,000 | +100.0% | 0.00% | – |
| KIN | Exit | KINDRED BIOSCIENCES INC | $0 | – | -30,000 | -100.0% | 0.00% | – |
| ET | ENERGY TRANSFER L P | $155,000 | +38.4% | 14,583 | 0.0% | 0.00% | – | |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -265 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2021-08-12
About Edgewood Management
Edgewood Management is a privately owned investment management firm that was founded in 1974. The company is headquartered in New York City and manages over $20 billion in assets for its clients. The firm is known for its long-term investment approach and its focus on high-quality growth companies.
The company's investment philosophy is centered around investing in companies that have strong competitive advantages, high-quality management teams, and sustainable growth prospects. Edgewood Management's investment team is led by CEO and Chief Investment Officer, William C. Ruane, who has been with the firm since its inception. The team also includes several other experienced investment professionals who have a deep understanding of the markets and the companies in which they invest.
Edgewood Management's investment strategy has been successful over the years, with the firm consistently outperforming its benchmarks. The company's flagship fund, the Edgewood Growth Fund, has delivered an average annual return of over 15% since its inception in 1974. The fund has also been recognized by Morningstar as a top-performing fund in its category.
Overall, Edgewood Management is a well-respected investment management firm that has a long track record of success. The company's focus on high-quality growth companies and its experienced investment team make it a strong choice for investors who are looking for a long-term investment strategy.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| VISA INC | 42 | Q3 2023 | 7.8% |
| ILLUMINA INC | 42 | Q3 2023 | 6.6% |
| AMAZON COM INC | 42 | Q3 2023 | 7.4% |
| AMERICAN TOWER CORP NEW | 42 | Q3 2023 | 6.4% |
| INTUITIVE SURGICAL INC | 42 | Q3 2023 | 6.3% |
| CME GROUP INC | 42 | Q3 2023 | 5.8% |
| GILEAD SCIENCES INC | 42 | Q3 2023 | 7.5% |
| APPLE INC | 42 | Q3 2023 | 4.7% |
| 3M CO | 42 | Q3 2023 | 1.2% |
| COLGATE PALMOLIVE CO | 42 | Q3 2023 | 0.7% |
View Edgewood Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| ALIGN TECHNOLOGY INC | February 14, 2023 | 3,409,145 | 4.4% |
| ILLUMINA, INC. | February 14, 2023 | 6,478,370 | 4.1% |
| Snap Inc | February 14, 2023 | 49,000 | 0.0% |
| ALLIANCE DATA SYSTEMS CORPSold out | February 14, 2019 | 0 | 0.0% |
| IHS Inc. | February 11, 2016 | 4,335,863 | 6.5% |
| STRATASYS LTD.Sold out | February 11, 2016 | 0 | 0.0% |
| QUANTA SERVICES INC | February 09, 2011 | 9,790,289 | 4.6% |
| COVANCE INCSold out | September 08, 2010 | 0 | 0.0% |
View Edgewood Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-11 |
| 13F-HR | 2023-05-12 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| 13F-HR | 2023-02-13 |
View Edgewood Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.